The 47% DD occurred on one lonely occasion, and I worked out of that DD in March in under 7 days. Not a big problem when my account equity was far less at that time. Was working to grow and compound my equity, and now that I have done that I have adjusted my risk parameters, trade style before risk events, and I have become more sophisticated in my scale-in and scale-out entries/exits. Largest DD since then has been 25%
Please 'vouch' for my system (on my profile page) if you have earned that ability and if you believe this system is solid.
I am currently on a holiday for 2 weeks, and not updating with myfxbook EA that is loaded on my desktop at my home workstation. So this trade account has actually grown more in the last 7 days. I return to home on July 17 and at that time I will update my account stats using the EA. See most recent stats at SignalStart, which updates via VPS:
Many would say differently. Good return. My 5 friends following this system have doubled and tripled their original investments since inception and they are happy. You are entitled to your opinion, but what do you seek to accomplish by making this untrue assessment here? Maybe post your system/trading that is better, more consistent, and more profitable. With 1 losing month out of 10. Sure sounds like an accomplishment to me.
Great advice from Andrew Lockwood of ForexSignals.com -- 1) structure and rules for FX trading 2) Technical analysis combined with Fundamental understanding 3) Price Action 4) Being disciplined and knowing your system https://lnkd.in/f6D3Jhe
This is how I trade too for my 40 Fund clients and 95 trade copying subscribers. ** By the way, check out Marcos @Maxima Investments too Different style but he knows what he's talking about https://lnkd.in/fj_GrJE
Yes I trade a PAMM with Mt Cook and they are top of the heap. Really unique Hybrid Software that gives both manager and subscriber the control and visibility they need. This Hybrid PAMM software for money managers, allows the customer to control risk profile, IB profile, and Performance Fee type. Investors customise their investment agreement in setup phase below, and their technology is cutting edge. The developers and partners were traders themselves. decided to make a boutique brokerage with really cool offerings for peeps like us. Their hybrid PAMM software also allows investor to use GBP, AUD, EUR, and USD. This is the Hybrid Pamm software at Mt Cook Financial: 1. https://mtcookfinancial.com/pam-hybrid-2-0-presentation/ (password: hybridvid)
There are quite a few accounts that have amazing history but they have terrible reviews because not many subscribers can replicate the same returns as the master account in the present or in the past. I have heard though from my clients and subscribers that my system is copying well and returns are very near to the master account listed here.
To those relatively new to FX trading, here are the reasons to be careful of this:
1 --- some providers can fabricate results with a scam/unregulated broker 2 --- small average pips profit per trade -- system cannot be mirrored due to slippage 3 --- some use cent accounts and get lucky for a while. 4 --- They could run 10 cent accounts with 'opposite' trades, different permutations of say 3 different currency pairs, and then just use the 1 most profitable account after 10 or 20 trades in order to attract subscribers or clients. That way, they have only lost a small amount of money on the other cent accounts that didn't close profitable trades. they just close those down. then their one 'good looking' cent account tops the ranking on MQL5, SignalStart, etc and they attract 20 plus subscribers.... then they downshift into 'slow' mode to keep the subscribers as long as they can.... or they blow up enough to show their client base that they are scammers / not competent at trading.
& copy; 2022 Myfxbook Ltd. Všechna práva vyhrazena.
UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory.
Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku.
Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Všechny údaje a informace jsou poskytovány "tak, jak jsou". pouze pro informační účely a nejsou určeny pro obchodní účely nebo rady.
Výkonnost v minulosti neznamená výkonnost v budoucnosti.